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Turkey’s $200B crypto boom is built on speculation, not adoption: Chainalysis

October 23, 2025 by DIGIT
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Turkey’s $200B crypto boom is built on speculation, not adoption: Chainalysis

Turkey’s $200 billion crypto market leads the MENA region, but has been fueled more by speculative activity than by sustainable adoption, according to Chainalysis.

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  • bitcoinBitcoin(BTC)$90,042.000.58%
  • ethereumEthereum(ETH)$3,023.800.86%
  • tetherTether(USDT)$1.000.04%
  • binancecoinBNB(BNB)$885.32-1.09%
  • rippleXRP(XRP)$1.962.89%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$130.442.26%
  • tronTRON(TRX)$0.2989600.51%
  • staked-etherLido Staked Ether(STETH)$3,020.110.82%
  • dogecoinDogecoin(DOGE)$0.1270022.39%
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  • bitcoinBitcoin(BTC)$90,042.000.58%
  • ethereumEthereum(ETH)$3,023.800.86%
  • tetherTether(USDT)$1.000.04%
  • binancecoinBNB(BNB)$885.32-1.09%
  • rippleXRP(XRP)$1.962.89%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$130.442.26%
  • tronTRON(TRX)$0.2989600.51%
  • staked-etherLido Staked Ether(STETH)$3,020.110.82%
  • dogecoinDogecoin(DOGE)$0.1270022.39%